Please note that this will be our final market update until early-May, when the April 30th tax filing deadline has passed. Myles Zyblock, Chief Investment Strategist at Dynamic Funds, has shared his market update for 2021 year-to-date. Please read on below. A New Sherriff’s in Town A seemingly endless wave of government stimulus and the… Read More
The You First Blog
On March 31st, we posted a blog on the tax benefits of working from home. The information contained in March 31st blog still applies, but we want to make you aware of a potentially easier reporting method. The Federal Government proposed a “Simplified T2200” during their Fall Economic Statement. Under this proposal, the simplified T2200… Read More
As the CERB winds down, a new program has been proposed to take its place. The Canada Recovery Benefit aims to be effective for 1 year, as of September 27, 2020 and will provide up to $500 per week for 26 weeks to workers not eligible for EI – mainly gig economy & self-employed individuals…. Read More
Yesterday, her Excellency the Right Honourable Julie Payette, Governor General of Canada, delivered the Speech from the Throne to open the second session of the 43rd Parliament and outline the government’s agenda (full sentence taken from Canada.ca). Throne speeches do not generally involve exact plans and figures. Yesterday’s speech covered the following high-level themes: -The Wage… Read More
The S&P 500 has pulled back almost 10% since the start of the month and we are providing commentary below from Myles Zyblock, Chief Investment Strategist with Dynamic funds. For anyone following our updates this year, this pullback should not come as a surprise in the context of the robust recovery we have seen since… Read More
Drawing from your portfolios? Worried about the next pullback? What can you do to minimize the impact of a correction? Markets have been on an upward trajectory since late-March and most portfolios currently sit flat or slightly positive for the year. This is quite the turnaround from just a few short months ago. However, headwinds… Read More